Bitcoin Spot ETF Sees $769.5 Million Net Inflow Led by BlackRock and Fidelity in July 2024
2025-07-05 07:16:53
Main Idea
The US Bitcoin spot ETF market saw a net inflow of $769.5 million this week, with BlackRock's IBIT and Fidelity's FBTC leading the inflows, while Grayscale's GBTC experienced a net outflow.
Key Points
1. BlackRock’s IBIT attracted $336.8 million in inflows, the highest among Bitcoin spot ETFs.
2. Fidelity’s FBTC followed with $248.4 million in inflows.
3. Bitwise’s BITB and ARK’s ARKB saw inflows of $57.4 million and $160 million, respectively.
4. Grayscale’s GBTC had a net outflow of $84.9 million, while its Mini BTC product recorded an inflow of $22.3 million.
5. Other notable inflows included Invesco BTCO ($9.9 million), Franklin EZBC ($9.5 million), and VanEck HODL ($10.1 million).
Description
According to data from Farside Investors on July 5, the US Bitcoin spot ETF market experienced a substantial net inflow totaling US$769.5 million this week. Leading the inflows, BlackRock’s IBIT
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